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Employees at 8 multinational firms form labor union
Representatives from eight multinational drug firms here said Wednesday that they have formed a labor union.
The eight foreign-invested firms include Takeda Korea, BMS Korea, Sanofi Pasteur Korea, AstraZeneca Korea...
Returned medicines headache for wholesalers
Pharmaceutical wholesalers have found it increasingly difficult to deal with unused medicine stocks.
According to a survey of the Korea Pharmaceutical Wholesaler Association, a great number of wholesalers have kep...
Road gets bumpy for drug wholesalers
Korea’s drug wholesalers are realizing the road to survive next year comes with twists.
First of all, they are finding it increasingly difficult to boost their bottom line amid local drug manufacturers’ movement t...
Green Cross teams up with IPK on screening of new drugs
Green Cross Corp. said Tuesday that it has entered into a collaborative agreement with Institut Pasteur Korea (IPK), centered on the establishment of a compound library, for the identification and development of safe,...
Shares of Ildong soar on possible takeover
Shares of Ildong Pharm have risen sharply over the past three days by expectations that Green Cross Corp. may take over Ildong.
Green Cross said Monday it acquired 1.77 million shares or a 7.07 percent stake in Wha...
Ildong to release novel weight loss pill in 2014
Ildong Pharm said Monday that it has entered into a marketing and supply agreement with the U.S. based Arena Pharmaceuticals for Belviq (lorcaserin HCl), the first new prescription drug for long-term weight loss to en...
World’s leading express companies eye Korean drug logistics market
A number of global logistics companies are strengthening their presence in the rapidly growing domestic logistics service market of diagnostic samples and clinical supplies.
DHL, the world's leading express company...
Kim Doo-seop named to head Handok’s research laboratory
Handok Pharmaceutical said Tuesday it has appointed as its central laboratory chief, Dr. Kim Doo-seop, a world-renowned expert in developing new drugs.
The new research head boasts an impressive track record in th...
Presidential candidates pitch medical policies
Presidential candidates Park Geun-hye of the Saenuri Party and Moon Jae-in of the Democratic United Party participate in the second television debate hosted by the National Election Commission at a KBS studio in Yeoui...
Drug makers seeking to stay afloat
During this year, it looks as if a series of government policies and outside pressures are at last forcing drug makers to change their problematic business models.
Realizing that the threat of punishment alone woul...
